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View Diary: Tea Party is completely wrong about shrinking federal deficits (42 comments)

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  •  T-bonds are financial wealth. If baggers (0+ / 0-)

    think the country has too much "debt" (a completely inapplicable term to the US dollar issuer), then they equivalently believe the Non-Govt has too many safe, interest bearing financial assets.

    MMT = Reality

    "The Earth is my country and Science my religion" Christiaan Huygens. Please join our Kos group "Money and Public Purpose". The gold standard ended on August 15, 1971, its time we start acting like it.

    by Auburn Parks on Sat Oct 19, 2013 at 01:33:00 PM PDT

    [ Parent ]

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